The United States government is worried about whether China’s current plans for a digital yuan could affect the US dollar status as the world’s dominant reserve currency over the long term. Biden’s team shows concern over digital Yuan As the Chinese digital currency continues to gain more momentum in the pilot phase, several government officials…
Over the recent months, non-fungible tokens (NFTs) gained massive traction, standing out as one dominant market pushing towards mainstream adoption of cryptocurrency and blockchain. The interesting part of this trend is the fact that some creators have bagged millions of dollars from auctioning NFT contents. Recently, 51-year-old Irish digital artist Kevin Abosch created and auctioned…
The California real estate developer, Rick Caruso, popularly known for his posh outdoor malls and management of USC as chairman of the board of trustees, is making history in the real estate industry. Caruso had announced on Wednesday that he has partnered with Gemini Exchange, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, so…
Again, the world’s leading Bitcoin miner maker, Bitmain, has opened an intellectual property infringement dispute against its biggest rival, MircoBT. The latter has been accused of stealing corporate secrets from Bitmain, according to the recent report by Chinese IP trade media, IPEconomy. As reported, Bitmain filed a patent lawsuit with the Beijing IP court, accusing…
Privacy-focused messaging application, Signal App, is looking to step up its service by tapping into the cryptocurrency payment space. Per an announcement on Tuesday, Signal is planning to trial crypto payments on the application to enable its users to send and receive funds via digital currency. Signal is testing crypto payments in beta The Signal…
US shoppers can now purchase different goods on online stores like Amazon, Walmart, and eBay with eGold, the native token of Elrond, through Shopping.io. The development today comes amid Elrond’s partnership with Shopping.io, which is a blockchain-based marketplace that combines all major e-commerce companies. Spending eGold on Amazon, Walmart The addition of Elrond’s eGold on…
Mirror Protocol, a decentralized finance (DeFi) platform for assets tokenization (mAssets), will be enabling the first-ever tokenized stocks and commodities on a Layer 2 DeFi lending protocol, following its partnership with EasyFi. The development today means users will soon be able to receive loans from EasyFi, using their tokenized stocks and commodities as collateral. EasyFi…
On Monday, some crypto users on Twitter noticed that the Bitcoin.com domain was listed for sale on GoDaddy, a popular domain registrar. However, it seems that the domain was erroneously listed on the platform, as Roger Ver, the CEO of Bitcoin.com, raised a complaint about it, after which the listing was removed. Bitcoin.com was listed…
According to an official announcement on Monday, the Bank of Japan (BoJ) has finally launched a proof of concept for CBDC or central bank digital currency. Bank of Japan experiments CBDC Bank of Japan initially announced its plans of launching the CBDC testing in October 2020. They made emphasis that studying and preparing for a…
The Tron blockchain has one of the most active and rapidly-growing communities across several social media platforms, including Reddit. As a Tron (TRX) investor, you should consider joining one of these communities to stay up-to-date on the current developments in the ecosystem, as well as communicate ideas and thoughts on the progress of the network….